RETIREMENT OF A VETERAN BANKER.
• However • well earned—and in this case never was a retirement better earned—the City always learns with . regret of the retirement Of those who have taken an active . part in City affairs. The regret expressed, therefore, by the . directors of the Midland Bank Ltd., in announcing the retirement of Mr. E. W. Woolley, a joint managing director, after completion of more than forty-six years' service, is fully shared by banking circles and by the very many who have come in touch with Mr. Woolley. He entered the service of the -bank—then known as the Birmingham and . Midland Bank—in 1883 at its head office in Birmingham, ' Sir Edward Holden at that time being accountant of the ' bank. From that time they were close associates until the s death of Sir Edward in 1919. At a later date he was appointed • chief accountant and then assistant manager at the Thread- - needle Street office, becoming a joint general manager in 1914, which post he held until 1920, when he was appointed 1 a joint managing director. How greatly the responsibilities
• of the modern bank manager of our big concerns have grown -, may be gathered from the fact that when Mr. Woolley first
(Continued on page viii.)
Previous page